Reading owner John Madejski received roars of approval yesterday when he took to the pitch to announce new investment in the club. He has sold his 51 per cent stake in the club to Thames Sports Investments owned by Russian timber tycoon Anton Zingarevich.
Reading owner John Madejski received roars of approval yesterday when he took to the pitch to announce new investment in the club. He has sold his 51 per cent stake in the club to Thames Sports Investments owned by Russian timber tycoon Anton Zingarevich.
Zingarevich will formally take control in March but released a statement promising to splash the cash whilst adhering to principles of prudent fiscal management.
The new owner was privately educated in the Reading area and went to Reading University.